People looking for a British international school in Bangkok have plenty of choices, and a consultancy firm took a look at the numbers, and noticed how international education facilities in Thailand have developed.
International School Consultancy conducted research, and discovered that Thailand’s international schools have gone past in Thailand 200, which is the third highest in Southeast Asia as of 2018, which the study says is due to demand from Thai parents who want culturally diverse learning environments for their kids. The research also noted the demand from expatriates and foreigners from neighbouring countries, as Thailand’s lower tuition fees and living costs means that its far cheaper and, consequently, more appealing for getting kids educated.
As a result of this demand for bilingual education, more and more property developers in the country are integrating international schools into their mixed-use developments, offering what they call the “Live-Work-Play” lifestyle to their clients, allowing for families with all of its members, in one place.
The research suggests that developers in Thailand see a lot of potential in international schools, believing that they can be a key part of their mixed-use projects, with their ability to generate demand for residential properties, as well as increase the value of any developments in their immediate vicinity.
Thailand has already seen its fair share of mixed-use developments, like the T77 Community, developed by Sansiri and located in Sukhumvit Soi 77, which is made of up several residential projects, and a community mall, located alongside the Bangkok International Preparatory & Secondary School.
There are more and more developments involving international schools in the Thai capital, some involving a British international school in Bangkok or two, and the research notes that this will serve to make the market more competitive over time, as more and more property developers invest in this particular sector.
This, in turn, could potentially lead to more international schools located inside compounds, as part of mixed-use developments, most likely in locations that have a lot of room. The sense of community, as well as their ability to increase the value of any developments in vicinity means that international schools will be in high demand.